Eugene Fama Quotes About Portfolios
We have collected for you the TOP of Eugene Fama's best quotes about Portfolios! Here are collected all the quotes about Portfolios starting from the birthday of the Economist – February 14, 1939! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 1 sayings of Eugene Fama about Portfolios. We will be happy if you share our collection of quotes with your friends on social networks!
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People would be a lot more skeptical if they understood that there is an incredible amount of chance in the results that you observe for active managers. So the distribution of outcomes is enormously wide - but that's exactly what you'd expect by chance with lots of active managers who hold imperfectly diversified portfolios. The really good portfolios contain a lot of really lucky picks, and the really bad portfolios contain a lot of really unlucky picks as well as some really bad ones.
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